The listing of Mobileye Global Inc., the self-driving unit of chip maker Intel Corp, is seen on a jumbotron outside the Nasdaq MarketSite at Times Square in New York City, U.S., October 26, 2022. REUTERS/Shannon Stapleton
(Reuters) -Mobileye Global Inc forecast fiscal 2023 revenue higher than analysts' projections and delivered better-than-expected earnings in the fourth quarter, as vehicle makers lapped up its driver-assistance technology.
The company is benefiting from the automotive industry increasingly adopting sophisticated camera systems and sensors that assist in safe driving.
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